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    24300 Chagrin Blvd Beachwood, OH 44122

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    For Sale
    $2,300,000

    Modern office building in Beachwood with high occupancy.

    Property size:
    25,282 SF
    Lot size:
    1.10 Acres

    Property Features for 24300 Chagrin Blvd

    General Information

    Size
    25,282 SF
    Lot size
    1.10 Acres

    Source: Lee & Associates | Cleveland Agent Jeremy Steiger, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beachwood Office Building For Sale

    This is a modern 25,282 square foot office building located in Beachwood. The property has a 95% occupancy rate, with 70% of the space leased to medical practices. It offers high visibility from Chagrin Boulevard and convenient proximity to major highways. Parking is provided by an underground garage with 27 spaces, as well as 87 surface parking spaces, resulting in a parking ratio of 4.5 spaces per 1,000 square feet. The building features a well-maintained and attractive exterior, along with a flexible floor plan suitable for various office layouts. Professional property management is in place. Nearby amenities include dining and retail options, and there is access to public transportation. The building also offers fiber optic internet connectivity, energy-efficient features, and on-site security measures. Additionally, nearby hotels are easily accessible.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Law Firm Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beachwood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5071189
    Latitude
    41.4640087

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    FAQs

    What type of property is this?
    Office building - Modern office building in Beachwood with high occupancy.
    Where is this office building located?
    The property is located at 24300 Chagrin Blvd Beachwood, OH.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Prime location in Beachwood with high visibility from Chagrin Blvd.; - 95% occupancy with 70% leased to medical practices.; - Ample parking with underground garage (27 spaces) and surface lot (87 spaces) offering a parking ratio of 4.5 spaces:1,000 SFT.
    (216) 282-0100
    Request Owner's contact information
    24300 Chagrin Blvd Beachwood, OH 44122
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    Beachwood, OH 44122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24300 Chagrin Blvd Beachwood, OH 44122
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